Chevrolet Traverse Insurance Rates

Estimated insurance rates for a Chevrolet Traverse are $1,204 a year including full coverage. Comprehensive insurance costs an estimated $286 a year, collision costs $418, and liability insurance costs $364. Liability-only insurance costs as little as $416 a year, with high-risk driver insurance costing $2,580 or more. 16-year-old drivers pay the most at $4,426 a year or more.

Average premium for full coverage: $1,204

Premium estimates broken down by type of coverage:

Rates are based on $500 deductibles, 30/60 liability limits, and includes uninsured/under-insured motorist coverage. Rates include averaging for all 50 U.S. states and Traverse trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Your location has a significant impact on the price of auto insurance. More rural locations are statistically proven to have lower incidents of comprehensive and collision claims than congested cities.

The diagram below illustrates how where you live affects insurance prices.

These rate differences highlight why it is important to compare rates for a targeted area, rather than relying on rate averages.

Use the form below to get customized rates for your location.

More Rate Information

The chart below breaks down estimated Chevrolet Traverse insurance rates for other coverage scenarios.

• The best full coverage rate is $704
• Drivers who choose higher $1,000 deductibles will pay approximately $1,044 every year
• The estimated price for a 40-year-old good driver who has $500 deductibles is $1,204
• Buying low $100 deductibles for comprehensive and collision insurance will cost an additional $308 a year
• High risk drivers with multiple tickets or accidents could pay up to $2,580 or more
• An auto insurance policy that insures a teen driver can cost as much as $4,426 a year

View Chart as Image

Insurance prices for a Chevrolet Traverse also have a wide range based on the trim level of your Traverse, your driving record and age, and liability limits and deductibles.

If you have a few violations or you caused an accident, you are likely paying $1,400 to $1,900 additional annually, depending on your age. A high-risk auto insurance policy can cost anywhere from 43% to 130% more than the average rate. View High Risk Driver Rates

Older drivers with no violations or accidents and higher comprehensive and collision deductibles could pay as little as $1,100 per year on average, or $92 per month, for full coverage. Prices are highest for drivers in their teens, since even teens with perfect driving records should be prepared to pay at least $4,400 a year. View Rates by Age

Where you choose to live makes a big difference in Chevrolet Traverse insurance rates. A 40-year-old driver could pay as low as $930 a year in states like Vermont, New Hampshire, and Missouri, or at least $1,720 on average in Louisiana, New York, and Michigan.

View Chart as Image

Opting for high physical damage deductibles could save up to $470 each year, while buying higher liability limits will increase premiums. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will cost up to $327 more each year. View Rates by Deductible or Liability Limit

With such a large range in prices, the best way to figure out which insurance company is cheapest is to get quotes from as many companies as possible. Every company utilizes a different rate formula, and prices will be substantially different.

Insurance Rates by Trim Level and Model Year

Rates assume 2021 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.

How to Find the Best Cheap Chevrolet Traverse Insurance

Finding better rates on Chevrolet Traverse insurance not only requires not taking risks behind the wheel, but also having a good credit score, refrain from filing small claims, and maximizing policy discounts. Comparison shop at every policy renewal by requesting rates from direct car insurance companies, and also from your local car insurance providers.

The following is a quick review of the data touched on in the above illustrations.

• Drivers who want higher liability limits will pay around $400 per year to go from 30/60 bodily injury limits to the 250/500 level
• You may be able to save approximately $140 per year simply by quoting early and online
• Increasing policy deductibles can save approximately $475 each year
• Teens are expensive to insure, with the cost nearing $369 per month if comprehensive and collision insurance is included